Regal owner Cineworld has called off its planned $2.1 billion takeover of Canadian exhibitor Cineplex, which would have created one of the world's largest cinema companies with more than 11,200 ...
Add Yahoo as a preferred source to see more of our stories on Google. In addition, the Canadian court denied Cineworld’s counterclaim. “We are pleased that the Court found Cineplex acted properly ...
Cineplex says the Ontario Superior Court of Justice ruled in its favor after Regal owner Cineworld called off its planned $2.1 billion takeover of the Canadian exhibitor. By Etan Vlessing Canada ...
Add Yahoo as a preferred source to see more of our stories on Google. Cineplex is Canada’s biggest operator with 165 cinemas and 1,695 screens. The exhibitor holds a 75% market share of box office. In ...
(Reuters) – Cineworld shares plunged by 40% on Wednesday after the British cinema operator was ordered to pay C$1.23 billion ($957 million) in damages to rival Cineplex for abandoning a planned ...
(Reuters) – Cineworld said on Monday it planned to make a counter-claim against Cineplex following the Canadian cinema chain’s legal action against the British group for damages after it scrapped a $1 ...
Earlier this week, Cineplex (CA:CGX), Canada’s largest operator of movie theatres, officially responded to Cineworld Group plc’s Chapter 11 bankruptcy filing in the U.S. At stake for Cineplex and its ...
In addition, the Canadian court denied Cineworld’s counterclaim. “We are pleased that the Court found Cineplex acted properly throughout this difficult period in our history,” said Cineplex CEO Ellis ...